Airline report: Leaders of Northwest Airlines` pilots...

September 19, 1992

Airline report: Leaders of Northwest Airlines` pilots union are recommending that the carrier`s 5,600 pilots make $300 million in pay and benefit concessions over the next three years to help the struggling airline. The recommendation falls $200 million short of the concessions the St. Paul-based carrier had asked pilots to make over five years, but Northwest officials call the proposal a good one and said it will be studied closely. ... $97.5 million in separation payments would be split among 14,000 former Eastern Airlines pilots, flight attendants and non-contract workers employed by Eastern when it shut down last year under a deal negotiated by Eastern`s bankrupcy trustee Martin Shugrue, union representatives and Eastern creditors.